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Securitization People and Markets

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  • Bob Johnson, head of fixed-income sales at Nomura Securities International in New York and a veteran of the dealer community, left the firm last week after only a couple weeks on the job.
  • Investors filled the $660 million credit for integrated communications provider NTELOS following a bank meeting last Tuesday at the New York Palace Hotel.
  • The Royal Bank of Scotland tweaked Oreck Corp.'s bank deal last week, increasing the dividend to sponsor American Securities Capital Partners by $9.4 million from $60.5 million and reducing the interest expense.
  • Jamie Rizzo, senior finance manager at Geller & Company, joined Fitch Ratings this month as director and is covering media companies.
  • J. & W. Seligman is looking to hire a credit analyst/portfolio manager.
  • Envirocare of Utah's new credit was three times oversubscribed, even after a 50 basis point reverse flex last Monday.
  • UBS is holding a bank meeting Feb. 3 to launch a new $165 million credit for NewQuest Health Solutions.
  • Wells Fargo is looking to add two to three institutional fixed-income salesmen to its Dallas office.